Ur-Energy (URE) to Release Earnings on Wednesday

Ur-Energy (TSE:URE) (NYSE:URG) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Ur-Energy to post earnings of C($0.03) per share for the quarter.

Ur-Energy (TSE:URE) (NYSE:URG) last announced its quarterly earnings data on Wednesday, March 6th. The company reported C($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.03). Ur-Energy had a negative return on equity of 44.63% and a negative net margin of 173.40%. The firm had revenue of C$7.41 million for the quarter, compared to analysts’ expectations of C$6.83 million.

Ur-Energy Stock Up 0.8 %

TSE URE traded up C$0.02 on Monday, hitting C$2.46. 28,122 shares of the stock traded hands, compared to its average volume of 191,633. The stock has a 50-day moving average of C$2.22 and a 200 day moving average of C$2.21. Ur-Energy has a twelve month low of C$1.15 and a twelve month high of C$2.72. The company has a market capitalization of C$692.81 million, a P/E ratio of -15.25, a price-to-earnings-growth ratio of -0.81 and a beta of 1.15. The company has a current ratio of 6.34, a quick ratio of 4.64 and a debt-to-equity ratio of 8.74.

Wall Street Analysts Forecast Growth

Separately, B. Riley restated a “buy” rating on shares of Ur-Energy in a research note on Thursday, February 1st.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.